Otterbox Strada Folio Iphone X Leather Wallet Case - Black

otterbox strada folio iphone x leather wallet case - black

SKU: EN-M10117

otterbox strada folio iphone x leather wallet case - black

Telecom equipment providers Juniper Networks was already taking a hit in the wake of the WorldCom announcement, with its stock dropping more than 18 percent Wednesday to close at $5.13. According to a SoundView Technology Group report, Juniper's customer base revolves around WorldCom and struggling companies like Qwest and Ericsson. Dating back to December 1998, WorldCom has been at least 10 percent of Juniper's sales for every quarter but one. The WorldCom woes likely mean that Juniper will have to compete with Cisco Systems even more--largely because Juniper's customers are cutting back spending. Cisco has limited exposure to WorldCom, but rivals such as Nortel Networks are expected to take their lumps too.

Nortel issued a statement Wednesday saying it had "no material exposure to WorldCom" otterbox strada folio iphone x leather wallet case - black and no customer financing with the company, Equipment maker Ciena said its exposure was less than $1 million and was "insignificant.", The biggest worry is that WorldCom's issues are pervasive throughout the industry, casting a pall over Lucent Technologies and Alcatel to name a few, SoundView said, Stock option scrutiny New Economy companies are finding that the stock options they were built upon are increasingly under fire, A few analysts noted that accounting abuses wouldn't be so rampant if executives didn't have incentive to fudge quarterly results to make a quick buck..

In a research note, Donald Coxe, a portfolio strategist at BMO Nesbitt Burns, argues that the real problem is "the real costs and culture of stock options." Coxe, like some legislators, want stock options listed as an expense--an idea opposed by tech executives. As accounting scandals pile up, the drumbeat for stock option reform may get louder. "WorldCom is not a big enough story to justify an all-out bearish attitude," Coxe said. "It's just one of the hundreds of stories of deceit, deception and delusion that together defined the tech-telecom mania.".

Questionable earnings numbersJeffrey Saut, a strategist at Raymond James, said investors clearly think the game is rigged when it comes to the financial figures put out by companies, That's why he is increasingly skeptical of companies that use EBITDA, pro forma earnings, off balance sheet transactions--and companies that use a lot of footnotes to explain their financials, otterbox strada folio iphone x leather wallet case - black "I'm not a big advocate of EBITDA, don't like pro forma and don't like the 'other income' line," Saut said, Saut said telecom, media and cable companies use EBITDA--which has been labeled by some skeptics as "earnings minus all the bad stuff"--to overstate their financials, And that attitude is becoming increasingly prevalent among investors--meaning companies, such as AOL Time Warner, that are defined by EBITDA and other measures may take a hit..

IT spending Giga's Thomas said she thinks tech's accounting woes are likely to influence how companies pick key IT vendors. She said the WorldCom fallout has resulted in a bunch of panicky client calls from Fortune 500 companies looking for advice. "People relied heavily on WorldCom and now want to diversify," she said. Thomas recommends to clients that they plan on spending no more than 65 percent of their budgets with one vendor. Companies need backup providers, alternate software providers and escape clauses in contracts just in case one vendor unravels.